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My husband has a student loan that we will never be able to pay back, and each year it gets bigger and bigger. Our strategy so far has been to pay the smallest amount we can negotiate with the US Dept of EDU. In reality, we can't even afford to pay the interest on the loan to prevent it from growing each year. Is there any negotiating with these folks, like one does in bankruptsy? Like getting the loan down to it's original amount? I know, spit in one hand and wish in another....

Are there any other strategies to deal with this sort of debt? We are in our late 30's, my husband's philosophy on his debt is he doesn't need to pay it back, that he has accepted the fact that he will have to pay the minimum on the loan for the rest of his life.

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